YOU ARE HERE > Moneycontrol > Trading Terms > Glossary

Trading Terms

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Bank guarantee

Contract between a bank as guarantor and a beneficiary in which the bank commits itself to pay a certain sum under certain, specified conditions. Thus, a demand guarantee is one in which the bank agrees to pay against the simple written demand of the beneficiary.

News On Bank guarantee
Govt sets up panel to study capital issues of Exim Bank, ECGC

20-09-2016| Source:PTI

The panel, which will submit its report to the government in six weeks, will also examine the issue of capital support for Export Credit Guarantee Corporation of India (ECGC).

Swamy questions govt guarantee to IDFC loan for GSTN

09-09-2016| Source:PTI

on government guarantee."Scandal: IDFC gives a loan of Rs 550 crore today to GSTN. Guarantor: GOI, not majority shareholders! Why? Looting India Robert Clive way," the BJP MP said in a tweet.The Goods

Govt sets up panel on working of EXIM Bank, ECGC

06-09-2016| Source:PTI

Government has set up a ten-member committee to examine issues related to effective functioning of Export Import Bank and Export Credit Guarantee Corporation (ECGC).The committee, headed

Cabinet clears clutch of moves to revive construction sector  

31-08-2016| Source:PTI

The Cabinet, chaired by Prime Minister Narendra Modi, allowed contractors to move to the new speedier arbitration process, approved release of 75 percent of the amount in dispute against bank

Cabinet tweaks arbitration norms to get stalled projects moving  

31-08-2016| Source:Moneycontrol.com

The new system will ensure liquidity into the construction sector. As per the norms, 75 percent of the amount will be released against margin free bank guarantee. The amount released will be used

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.